Category Archive: 6b.) Mises.org

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Responding to Bryan Caplan’s Continued Critique of the Austrians

2024-11-30

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2024-11-30

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property...

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Elon Musk’s Blunder: There Is No “Efficient” Government

2024-11-29

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2024-11-29

After astounding achievements like performing seemingly-crazy and impossible feats of rocket engineering, making satellite internet service practical, rescuing social media from covert government censorship, and even managing to build battery-powered vehicles that are rather more useful and cool than golf carts, Musk slipped up and committed a colossal blunder recently. He took on an insurmountable challenge that even his extraordinary genius and...

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There Is No “Efficient” Government

2024-11-29

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2024-11-29

After astounding achievements like performing seemingly-crazy and impossible feats of rocket engineering, making satellite internet service practical, rescuing social media from covert government censorship, and even managing to build battery-powered vehicles that are rather more useful and cool than golf carts, Musk slipped up and committed a colossal blunder recently. He took on an insurmountable challenge that even his extraordinary genius and...

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Bankers, Fed Origins, and World War I

2024-11-29

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2024-11-29

Let me issue and control a nation’s money and I care not who writes the laws.—RothschildThe real truth of the matter is, as you and I know, that a financial element in the larger centers has owned the Government ever since the days of Andrew Jackson...—FDRThe American people are suckers for the word “reform.” You just put that into any corrupt piece of legislation, call it “reform” and people say “Oh, I’m all for ‘reform,’” and so they vote for it...

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What’s at Stake in “Stakeholder” Capitalism?

2024-11-29

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2024-11-29

A Tyranny for the Good of Its Victims: The Ugly Truth about Stakeholder Capitalism. By Andrew F. Puzder. Encounter Books, 2024; xiii + 335 pp.Andrew Puzder, who is both a leading business executive—he was the CEO of a restaurant chain that owns Carl’s Jr.—and an experienced attorney, tells a dramatic tale. The free market is by far the best economic system and has made possible, since the Industrial Revolution, a historically unprecedented rate of...

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Why Commies Hate Your Thanksgiving Dinner

2024-11-28

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2024-11-28

Listen to the Audio Mises Wire version of this article.The Thanksgiving holiday in the United States has a checkered past. Its more recent origins lie largely in government attempts at pushing propagandistic narratives. For example, Abraham Lincoln demanded Americans be thankful for ”the advancing armies and navies of the Union” during the Civil War. George Washington instructed Americans to give thanks for the new constitution in 1789. While...

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The Market Process Is Indivisible and Logically-Interdependent

2024-11-28

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2024-11-28

In the science of human action, the effects of erroneous notions of the market process, most particularly as they pertain to policy-making decisions, are not to be underestimated. The economist can not remain indifferent to these in an era in which the appeals of interventionism and government expansion increasingly hold sway in the domain of public policy. Put differently, we cannot deny how economic and social policies rooted in mistaken views of...

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The Great Thanksgiving Hoax

2024-11-28

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2024-11-28

Each year at this time, schoolchildren all over America are taught the official Thanksgiving story, and newspapers, radio, TV, and magazines devote vast amounts of time and space to it. It is all very colorful and fascinating.It is also very deceiving. This official story is nothing like what really happened. It is a fairy tale, a whitewashed and sanitized collection of half-truths which divert attention away from Thanksgiving’s real meaning.The...

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Why Communists Don’t Like Thanksgiving

2024-11-28

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2024-11-28

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property...

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Don’t Sell DOGE Short—Yet

2024-11-27

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2024-11-27

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property...

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Thanksgiving Day

2024-11-27

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2024-11-27

[Editor’s note: This article is excerpted from Leggett’s article “Thanksgiving Day,” first published in 1836. Leggett was one of America’s leading Jacksonian free-market journalists in the mid-nineteenth century, and was a committed opponent of central banks, slavery, and corporatism. “The separation of bank and state” was a part of his political creed. In this article, Leggett, true to form, reminds his readers that they do not need either the...

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Ghost Guns and the Second Amendment

2024-11-27

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2024-11-27

The latest boogeyman conjured up by the Biden administration is ghost guns.In his September 26 executive order on “Combating Emerging Firearms Threats and Improving School-Based Active-Shooter Drills,” President Biden mentioned these ominous “ghost guns”:One way to continue the progress on reducing gun violence is to stay ahead of emerging violent crime threats involving firearms. My Administration has always taken these threats seriously. In April...

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Don’t Sell DOGE Short—Yet

2024-11-27

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2024-11-27

When he returns to the White House early next year, President-elect Donald Trump plans to appoint Elon Musk and Vivek Ramaswamy to head a new Department of Government Efficiency, or DOGE. While not an official federal department, the Administration’s plans for DOGE are similar to the Grace Commission under Ronald Reagan and the “Reinventing Government,” or “REGO,” initiative under Bill Clinton. The president will task Musk and Ramaswamy’s team with...

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Jamaica and the Failure of the Entrepreneurial State

2024-11-27

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2024-11-27

The concept of the entrepreneurial state proposes that governments—like private enterprises—can take risks, innovate, and drive economic growth. Through direct intervention, governments can strategically invest in sectors that hold promise for the future, aiming to spark productivity and economic expansion. However, in countries like Jamaica, the limitations of the entrepreneurial state are evident, as interventions often face economic realities...

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News from Nature Conservation Policy-Makers Event in Europe

2024-11-27

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2024-11-27

As a mentee in the Mentorship Program of World Commission on Protected Areas in Europe region, I had the opportunity to take part in the Regional Conservation Forum in Bruges, Belgium from September 30th till October 3rd, which was organized by the International Union for Conservation of Nature. I am grateful for the chance to have participated in a congress that brought together conservationists, environmentalists, politicians, and protected area...

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I, Pencil: A Corollary

2024-11-27

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2024-11-27

“He really wouldn’t think he has built that gun, would he?”—Chief Justice John RobertsIn his seminal article, I, Pencil, Leonard Read shows that, “not a single person on the face of this earth knows how to make [a pencil].” Sure, the pencil maker knows how the near-finished parts are assembled, but the pencil maker does not possess complete knowledge of how those constituent parts—the paint, metal, eraser—were made. Nor does he know how the inputs...

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Today’s Pols Are All Bryanites

2024-11-26

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2024-11-26

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property...

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Free Markets Don’t Need Government Regulation

2024-11-26

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2024-11-26

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property...

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The Secret Economic Theory Behind the $100,000 Birkin Bag

2024-11-26

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2024-11-26

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property...

Read More »

It’s Good to be Skeptical of Elections

2024-11-26

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2024-11-26

What is the Mises Institute? The Mises Institute is a non-profit organization that exists to promote teaching and research in the Austrian School of economics, individual freedom, honest history, and international peace, in the tradition of Ludwig von Mises and Murray N. Rothbard. Non-political, non-partisan, and non-PC, we advocate a radical shift in the intellectual climate, away from statism and toward a private property...

Read More »